The Day Ahead EURO VS BRITISH POUNDTRADENATION:EURGBPTradeNationThe spotlight remains on inflation and central banks, with US June PPI providing the next key read on pipeline price pressures following Tuesday's CPI report. Markets will also hear from Fed Chair Kevin Warsh, who continues his Humphrey–Hawkins testimony before the Senate Banking Committee, while the Fed's Beige Book offers an updated assessment of economic conditions ahead of the July FOMC meeting. Additional Fed speakers, including Cook, Williams and Musalem, could also influence expectations for the path of interest rates. Overnight, attention will be on China's Q2 GDP and the accompanying monthly activity data covering retail sales, industrial production, fixed asset investment and home prices, which should provide the clearest picture yet of the strength of China's economic recovery. In Europe, Eurozone industrial production will offer another gauge of manufacturing momentum. The Bank of Canada is also expected to announce its latest policy decision, with investors watching for any changes to the outlook on inflation and growth. Corporate earnings continue to gather pace, with technology in focus as ASML reports, providing an important update on global semiconductor demand and AI-related investment. In the US, results from Johnson & Johnson, Morgan Stanley, BlackRock, Progressive and Bank of New York Mellon will offer further insight into the health of the financial sector, investment activity and broader corporate earnings trends. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. To the extent permitted by law, in no event shall Trade Nation (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk. Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Financial Spread Bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.7% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.